It's not crazy. A VC isn't one person. A VC is a team and a community. Plus you don't really know how that money is tied up and what forces are at play securing it; some of those forces will be immovable or not viable in other countries.

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triceratops an hour ago | parent [-]

Sure maybe Japanese law and culture are a bit more opaque to your average valley VC. Canada though?

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bdamm an hour ago | parent [-]

My primary point is that if a particular investor wants to have dinner with a prospect and bring 4 or 5 of his colleagues, he can't easily do that anywhere else. The secondary point may be small or may be massive, nobody can really know since nobody outside of those directly influenced by shadow money could know.

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triceratops an hour ago | parent [-]

The prospect can fly out to meet the VC and have dinner.

	▲	stackghost an hour ago \| parent [-]
		This is what does happen, except "fly out to meet the VC and have dinner" usually means "fly to the Bay Area", rather than "fly to Vancouver or Waterloo", at which point many Canadian founders who want VC funding realize their time is more efficiently spent if they just launch in the US rather than commuting there.